Grupo Financiero Galicia S.A. (ADR) (GGAL) is Initiated by Goldman to Neutral

Grupo Financiero Galicia S.A. (ADR) (GGAL) was Initiated by Goldman to “Neutral”. Goldman advised their investors in a research report released on Apr 27, 2016.

Many Wall Street Analysts have commented on Grupo Financiero Galicia S.A. (ADR). Grupo Financiero Galicia S.A. (ADR) was Initiated by Credit Suisse to “Neutral” on Mar 29, 2016. Grupo Financiero Galicia S.A. (ADR) was Upgraded by JP Morgan to ” Neutral” on Feb 9, 2016.

Grupo Financiero Galicia S.A. (ADR) closed down -1.19 points or -3.85% at $29.68 with 2,96,292 shares getting traded on Friday. Post opening the session at $30.76, the shares hit an intraday low of $29.61 and an intraday high of $30.9499 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Company’s largest subsidiary. Banco Galicia is a bank that provides directly or through its subsidiaries a range of financial products and services to large corporations small and medium sized companies (SMEs) and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A. a holding company wholly owned by the Bank the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina.

Grupo Financiero Galicia S.A. (ADR)

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